chapter  2
Joint ventures. Or: can I join in too please?
Pages 12

Having identified the players, one is tempted to rush on immediately to the various kinds of development agreements which, in turn, prescribe (amongst many other provisions) how the professional team are to be appointed, and the criteria and general tests which must be met. However, between all this is the matter of joint ventures. Indeed, one or more of the principals may itself be the product of a joint venture. The purpose of this chapter, therefore, is to identify some of the more common forms. It may also help, in case of conflict (not of interest, but by way of default on the part of, or dispute with, a principal), in assisting one’s understanding of ‘the nature of the beast’. In other words who, exactly, is one dealing with and, perhaps crucially, who else may be accessible from whom to seek redress?